United Nations Industrial Development Organization

United Nations Industrial Development Organization

Also called UNIDO or ONUDI. An organization created by the United Nations in 1966 and charged with helping developing countries accelerate the pace of their industrialization. It also performs the same services for countries transitioning from communism to the free market.

Shakeel appreciating the role of UNIDO for taking many initiatives for economic empowerment of women further said that ICCI would like to work closely with UNIDO for capacity building and skills development of women entrepreneurs.

ITC and UNIDO have already begun work on a large-scale regional programme on trade facilitation in Central America, to tackle specific technical barriers to trade in production areas with critical export potential.

According to UNIDO Director-General Carlos Magarinos: "If Africa can process just half of its agricultural produce into finished and semi-finished exportable goods, it can do a great deal to increase its income and improve the standard of living of its peoples while creating employment.

The sixteenth session of the UNIDO General Conference, taking place from 30 November to 4 December in the Vienna International Centre (VIC) in the Austrian capital, will focus on sustainable industrialization for shared prosperity as a means to implement the new United Nations Sustainable Development Goals (SDGs).

The workshop is follow-up of study of "Feasibility Study for Setting up A Pilot Guarantee Fund for SME Sector in Pakistan" which was conducted through private sector consultant under the UNIDO project "Investment Promotion Unit".

Mohammad Alamgir Chaudhry, Chief Executive Officer of the Small and Medium Enterprises Development Authority (SMEDA) said while addressing a consultative workshop jointly organized by UNIDO and SMEDA on "Need of a Credit Guarantee Scheme for SMEs".

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